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I'm assuming you bet the ranch on these high-yielding corporates because you could layoff the default risk somewhere else?

You routinely see 100s going off at the inside bid/ask.

Your post concerns the data source rather than the backtester.

If you're looking to clone Buffet, just buy BRK.B.

You're undercapitalized. What percentage of your net worth is the 7k?

I would judge it by Sharpe ratio or something similar. You could take a tiny edge and lever it up until it makes x dollars per day, but you'd be taking way too much risk. I am assuming anything with an annual Sharpe under 1 is not up for consideration.

I'm surprised there aren't any data libraries available via torrent by now.

I never got any feedback from the thread on this, so I'll pose the question again here. Would a position as you describe be self-financing or is there a typical spread between the debit rate for long stock and the credit rate for short stock? For comparison, this position at IB would cost 1% or...

This may be tough. Who is going to want to take the risk on a small deposit from a trader who is going to be short premium all the time? I am assuming the standard SPAN margins on futures options at retail firms isn't enough?

There is a cap on the self-employment tax. It is only on the first 80k or so of income. And it is not totally useless, since you do get social security based on it. Nevertheless, you would need a very high expense structure for it to be worth it. I would try to put more energy into turning more...

Anyone? Feel free to PM me if you don't want it public.

We could talk in terms of percentage returns on the unlevered, notional amount of the trades, but it is irrelevant. The OP doesn't have to prove anything here. It's his thread.

The Futures mag article was referring to portfolio margin. It's effectively around 5:1 overnight.

Can you execute against these orders or is it just posted there for information?

Buy-writes, while identical to short puts, are perceived to be less risky than short puts in the media. They imply a kind of "I was going to own the stock anyway" kind of logic.

Anyone? No one knows hows much it's costing to keep an equal-dollar long-short portfolio overnight? Not talking about margin or risk, just the net financing cost. Assume no dividends.

At IB, it's a little over 1% for 100k long-short, basically 1% on the debit and 0% on the credit side.

I wouldn't mind having one, but... 1. It doesn't duplicate laptop functionality on the road. 2. I don't to pay another $30/month for wireless data, on top of the $30 I'm already paying for Iphone.

They have a bunch of funds now. There is an fund that M&A/convertible arb, another that does momentum in stocks, and now the futures fund. Nice way to put small amounts of your cash to work on strategies that would have to be done in larger sizes just to make the minimum commissions...

3g network usually has at least 100ms latency.